Awanbiru Technology Bhd
- Share price closed 5.88% higher at RM0.45 on Wednesday.
- AWANTEC has rebounded from its support of RM0.40 and broke its resistance level of RM0.43 along the way yesterday. Though trading volume has decreased after the share price slump on 22 May, a bullish MACD crossover and indicators showing uptick momentum, share price is expected to move higher.
- Resistance levels are identified at RM0.48 (R1) and RM0.51 (R2).
- On the flipside, support levels are pegged at RM0.40 (S1) and RM0.39 (S2).
Source: Rakuten Research - 6 Jul 2023
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